Property Type: Detached HouseOwnership: Freehold

1425 129 STREET

Surrey, BC V4A3X9

$1,399,000

3 bed2 bath3 parking1,873 sqftBuilt 1958
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Property Details

Property & Lot

Sub-type
House
Lot size
5,000 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,302.92 (2025)

Interior

Basement
Finished, Crawl space
Heating
Electric
Fireplace
Yes (1)

Parking

Total spaces
3 — uncovered indicated
Features
Open

Listing Information

MLS®
R3155667
Listed
August 13, 2026
Time on market
On the market for 18 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver (Branch) · Data source: CREA DDF.

Description

Nestled in the heart of highly sought-after Ocean Park, this charming coastal country-style home offers the perfect blend of warmth, character & convenience. Situated in a family-friendly neighbourhood just moments from Ocean Park Village, you'll love the walkable lifestyle w/ shops, restaurants, banks & everyday services all close at hand. Enjoy nature & the seaside setting w/ Kwomais Point Park & Fun Fun Park only steps away. The home features a functional & flexible layout ideal for growing families and modern living. A private backyard provides the perfect setting for entertaining, gardening, or relaxing outdoors. On the main floor, both office & den offer excellent versatility & could easily serve as 4th & 5th bedrooms, complemented by a full bathroom on the main level. (id:63159)

Values & Trends

This listing

$747/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Detached (House) Market Stats — Surrey

Monthly figures from the Fraser Valley Real Estate Board for Surrey detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,325,500

Jul 2026

Average Sale Price

$1,364,812

Jul 2026

Monthly Sales

61

Jul 2026

Active Listings

692

Jul 2026

Sales-to-Active Ratio

9.0%

Jul 2026

Median Days to Contract

43 days

Jul 2026

MLS® HPI Benchmark Price

$1,793,500
$1,325,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Langley

Mainly Clear

16°C

Mainly Clear

Humidity 78%

Wind S 3 km/h

Tonight

14°

Tuesday

21°

Tuesday night

16°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

568,322

(2021 Census)

+9.7% since 2016

Density: 1,797.9/km²

Dwellings: 195,098

Median household income: $98,000

After-tax: $87,000

Immigrant population: 44.6%

Top countries of origin (% of total population)

  • India16.9% · 95,905
  • Philippines5.2% · 29,510
  • China4.2% · 23,850
  • United Kingdom1.5% · 8,320
  • Korea, South1.2% · 6,995
  • Viet Nam1.1% · 6,425
  • Pakistan1% · 5,710
  • Taiwan1% · 5,540

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

56

7/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Laronde ElementaryElementary1.0 km
Ocean Cliff ElementaryElementary1.3 km
Ray Shepherd ElementaryElementary1.6 km
Crescent Park ElementaryElementary2.1 km
Elgin Park SecondaryElementary2.3 km
Bayridge ElementaryElementary2.8 km
Chantrell Creek ElementaryElementary2.9 km
H T Thrift ElementaryElementary3.9 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Eastbound Marine Dr @ 128A St100 m
Southbound 128 St @ 14B Ave160 m
Eastbound Marine Dr @ 129A St166 m
Northbound 130 St @ 14 Ave264 m
Northbound 130 St @ 15 Ave336 m

Nearby Places

Restaurants (2)

  • Ocean Park Pizza & Village Pub351 m
  • Sakuya Sushi · 1593 128 Street366 m

Cafes (3)

  • Islands Cafe · 12901 16 Avenue380 m
  • Morrison Cafe · 12855 16 Avenue419 m
  • Starbucks · 1658 128 Street490 m

Grocery (1)

  • Safeway · 12825 16 Avenue417 m

Parks (5+)

  • Fun Fun Park · 1472 128 Street160 m
  • Kwomais Point Park360 m
  • Ware Park504 m
  • Detention Pond638 m
  • Summerhill Park · 13089 Summerhill Crescent749 m

Shopping (1)

  • Unnamed421 m

Pharmacies (1)

  • Rexall · 12851 16 Avenue419 m

Banks & ATMs (5+)

  • CIBC408 m
  • TD Canada Trust · 1611 128 Street421 m
  • Coast Capital Savings435 m
  • Coast Capital Savings442 m
  • Scotiabank534 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($114,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,119,200.00
Periodic payment — Principal & Interest (monthly)$7,220.70
Additional monthly expenses (strata, tax, utilities, etc.)$535.91
Total monthly cost$7,756.61
Interest paid over 5-yr term$320,765.94
Balance at end of term$1,006,724.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$114,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,874.28

Cash Needed at Closing

Minimum down payment$114,900
Estimated BC PTT$25,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$142,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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